NOT LISTED FOR SALE

1621 Balfour Point Dr Unit B West Palm Beach, FL 33411

Golden Lakes Neighborhood

Estimated Value: $203,025 - $229,000

2 Beds
2 Baths
864 Sq Ft
$250/mo HOA Fee

Last Sold December 06, 2019

Last sale price $124,000 $144 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,682/month

228 Days on Market

Highlights

  • Water Views
  • High Ceiling
  • Community Pool
  • Clubhouse
  • Great Room
  • Patio

About This Home

As of December 2019

SEE BROKER REMARKS FOR SHOWING INSTRUCTIONS. LOVELY APARTMENT IN THE HEART OF WEST PALM. GREAT LOCATION! QUIET NEIGHBORHOOD. STAINLESS STEEL KITCHEN APPLIANCES AND WASHER AND DRYER, GRANITE COUNTER TOPS.VERY ROOMY! COMMUNITY OFFERS CLUBHOUSE, LARGE POOL AND TENNIS! TENANT OCCUPIED UNTIL 03/31/2020, PAYING $1,275/MONTH. NO ASSESSMENTS & UNIT SOLD AS-IS.

Last Agent to Sell the Property

Philippe Pepos

Private Equity Realty LLC License #3236158 Listed on: 03/22/2019

Last Buyer's Agent

Javier Ingar

Gilvan Realty Corp. License #3175352

Gilvan Realty Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1989

Lot Details

  • 1

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Great Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424329270296212

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, sewer, trash, water
  • Palm Beach Place Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,606

Year Built

Built in 1989

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: OKEECHOBEE BLVD TO BENOIST FARM RD, SOUTH TO COMPLEX, ON THE RIGHT.
  • Year Built: 1989
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 864.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 00424329270296212
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1606.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Dec 4, 2019
Sold by
Cogemi Llc
Bought by
Boca Raton West Corporation
Seller's Agent
Philippe Pepos
Private Equity Realty LLC
Buyer's Agent
Javier Ingar
Gilvan Realty Corp.
List Price
$129,000
Sold Price
$124,000
Premium/Discount to List
-$5,000
-3.88%
Total Days on Market
228
Current Estimated Value
$214,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,256
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Nov 7, 2012
Sold by
Kpl Development Inc
Bought by
Cogemi Llc

Purchase Details

Closed on
Oct 22, 2012
Sold by
Patel Jagdip and Patel Bina
Bought by
Kpl Development Inc

Purchase Details

Closed on
Feb 17, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Patel Jagdip

Purchase Details

Closed on
Nov 1, 2011
Sold by
Postal Jeffrey Scott and Tilton Kathleen Donnette
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Mar 3, 2008
Sold by
Kings Lake Crystal Development Ii Llc
Bought by
Postal Jeffrey Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,990
Interest Rate
5.46%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boca Raton West Corporation $124,000 None Available
Cogemi Llc $92,000 Palmetto Park Title Svcs Inc
Kpl Development Inc $65,000 Harbor Land Title Lc
Patel Jagdip $46,500 None Available
Chase Home Finance Llc $16,800 None Available
Postal Jeffrey Scott $158,990 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Postal Jeffrey Scott $158,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $124,000 +9625.5% $144 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
04/03/2019 04/03/19 For Rent $1,275 0.0% --
04/03/2019 04/03/19 Rented $1,275 0.0% --
03/22/2019 03/22/19 For Sale $129,000 -- $149 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,796 $137,093 -- --
2023 $2,556 $124,630 $0 $0
2022 $2,359 $113,300 $0 $0
2021 $2,067 $103,000 $0 $103,000
2020 $1,991 $98,000 $0 $98,000
2019 $1,831 $94,000 $0 $94,000
2018 $1,606 $82,500 $0 $82,500
2017 $1,486 $75,500 $0 $0
2016 $1,404 $62,557 $0 $0
2015 $1,350 $56,870 $0 $0
2014 $1,230 $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10515114

BeachesMLS

APN: 00-42-43-29-27-029-6212